Volatile times demand pervasive visibility and flexibility

The supply chain of the future has the instrumentation, interconnectedness and intelligence to predict, if not prevent, disruptions before they occur. It relies on new approaches that employ sensor technologies, new analytic capabilities and simulation techniques to not just sense and respond, but anticipate and act.

But as the growth of data and speed of business outpace the capacities of finance analytics teams, new capabilities are clearly needed. The experiences of high-performing finance teams provide insights into emerging opportunities to leverage the next evolution in performance management – the cognitive advantage.

Study highlights

Supply chain executives surveyed identified five major challenges: Visibility, Risk, Customer intimacy, Cost containment and Globalization. - IBM

Supply chain executives rank cost containment as their number one responsibility to the business. - IBM

More than half of all supply chain executives have implemented practices aimed at improving visibility, but less than 20 percent are pursuing these practices extensively. - IBM

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